Attached files
| file | filename |
|---|---|
| EX-32 - EXHIBIT 32 - TIMKEN CO | tkr93017exhibit32.htm |
| EX-31.2 - EXHIBIT 31.2 - TIMKEN CO | tkr93017exhibit312.htm |
| EX-31.1 - EXHIBIT 31.1 - TIMKEN CO | tkr93017exhibit311.htm |
| 10-Q - 10-Q - TIMKEN CO | tkr10-q93017.htm |
EXHIBIT 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions, except ratio amounts)
Nine Months Ended September 30, | ||||||
2017 | 2016 | |||||
Income before income taxes | $ | 202.7 | $ | 213.8 | ||
Share of undistributed income from 50%-or-less-owned affiliates, excluding affiliates with guaranteed debt | (0.7 | ) | (0.7 | ) | ||
Amortization of capitalized interest | 0.4 | 0.4 | ||||
Interest expense | 26.5 | 25.1 | ||||
Interest portion of rental expense | 2.7 | 3.6 | ||||
Earnings | $ | 231.6 | $ | 242.2 | ||
Interest | 27.1 | 25.8 | ||||
Interest portion of rental expense | 2.7 | 3.6 | ||||
Fixed Charges | $ | 29.8 | $ | 29.4 | ||
Ratio of Earnings to Fixed Charges | 7.77 | 8.24 | ||||